Presented below are selected ledger accounts of Tucker Corporation as of December 31, 2020. Cash $50,000 Administrative expenses 100,000 Selling expenses 80,000 Net sales 540,000 Cost of goods sold 210,000 Cash dividends declared (2020) 20,000 Cash dividends paid (2020) 15,000 Discontinued operations (loss before income taxes) 40,000 Depreciation expense, not recorded in 2019 30,000 Retained earnings, December 31, 2019 90,000 Effective tax rate 20% Compute net income for 2020. Net income +A $